ICFAI Business School (IBS) Ahmedabad Answered Questions

Yes, ICFAI Business School (IBS), Ahmedabad admissions has begun. Candidates willing to take admission in courses offered at IBS Ahmedabad must appear for the IBS Aptitude Test (IBSAT). The application process for IBSAT 2023 will continue till last week of December, 2023.Candidates will be shortlisted for further admission rounds based on their score in IBSAT 2023 at IBS Ahmedabad.

The eligibility criteria for admission in Postgraduate Programme in Management (PGMP) at IBS Ahmedabad is given below:Candidates must possess a bachelor’s degree in any discipline with a minimum of 50% aggregate, with English as the medium of instruction.Candidates should have completed a minimum of 15 years of regular education (on a 10+2+3 or 10+2+4 basis).IBS Ahmedabad accepts admission in PGMP based on score in IBS Aptitude Test (IBSAT), 2023 or GMAT/ CAT/ NMAT.Candidates on the basis of their score in IBSAT/ GMAT/ CAT/ NMAT will be shortlisted for the GD & PI rounds.

The total tuition fee for two-year full-time Postgraduate Programme in Management is tabulated below.CourseTotal Tuition FeePGPMINR 9.1 lakhNote: The IBS Ahmedabad MBA fees mentioned above is taken from unofficial sources. Hence, it is indicative. Candidates can refer to the IBS Ahmedabad official website for more details on the same. 

Refer the below-mentioned table for IBS Ahmedabad placement statistics 2023 as compared with the placement data of IBS Jaipur, IBS Dehradun and IBS Hyderabad:IBS Name MBA / PGPM the highest Package (2023)MBA / PGPM Average Package (2023)MBA / PGPM Placement Rate (2023)IBS Ahmedabad INR 13.00 LPA (international)INR 8.29 LPA (domestic)INR 7.30 LPA98%IBS DehradunINR 23.00 LPA (international)INR 8.65 LPA (domestic)INR 6.39 LPA94%IBS Jaipur INR 23.31 LPA (international)INR 9.00 LPA (domestic)INR 8.53 LPA99%IBS Hyderabad INR 58.19 LPA (international)INR 21.00 LPA (domestic)INR 10.42 LPA95%

Yes, IBS Ahmedabad is one of the leading Management institutes in India. Further, the placement rate recorded during IBS Ahmedabad PGPM placements 2023 was 98%. Other than this, the average package offered during IBS Ahmedabad PGPM placements 2023 stood at INR 7.30 LPA. Moreover, a fluctuating trend was witnessed in the average package offered over the past three years during IBS Ahmedabad PGPM placements, which is presented below:The average salary trends witnessed during IBS Ahmedabad PGPM placements over the past three years are presented below:Particulars PGPM Placement Statistics (2021)PGPM Placement Statistics (2022)PGPM Placement Statistics (2023)Overall average packageINR 6.61 LPAINR 8.10 LPAINR 7.30 LPATop 10% average packageINR 12.02 LPAINR 19.66 LPAINR 9.23 LPATop 25% average packageINR 9.02 LPAINR 13.24 LPAINR 8.69 LPANote: Placement data 2022 and 2021 are sourced from older reports that were updated till March 31, 2022 and Feb 15, 2021, respectively.

Financial Services sector emerged as the top recruiting sector that placed 30% of the total students. The sector-wise placement distribution recorded during IBS placements 2024 is presented below:Sectors Placement Distribution in % (2024)Financial Services30%Banking15%IT/ITES14%Consulting10%Insurance8%Infra/Telecom/Real Estate5%FMCG / Retail4%Manufacturing/Construction4%Media & Research2%Hospitality/Tourism2%Education1%E-Commerce1%Other Services4%Note: The sector-wise placement distribution data presented above is the overall data of all the IBS campuses.

Some of the perks of joining IBS Ahmedabad are as follows:100% Case-Based Learning: Case studies are used at the school to teach students how to analyse and come up with solutions for actual business challenges.Placements Abroad: ICFAI Business School Ahmedabad offers its students placements abroad. Students are given the chance to work abroad and obtain useful experience in a global corporate setting.Two-year, full-time management programmes are available at ICFAI Business School Ahmedabad to help students get ready for successful corporate jobs.